Giant letters, reading the word “blockchain” on display at the blockchain centre, which aims at boosting start-ups in Lithuania's capital Vilnius. Peter Guy argues that e-commerce development in Hong Kong is being stifled by the bureaucrats at the HKMA, who are resisting any opportunity and perceived risk to innovate. Photo: AFP

Opinion

Opinion

The View by Peter Guy

Hong Kong’s fintechs must shake off their traditional shackles to make the next technological leap

The HKMA is blurring the fine line between the suppression of subversive ideas and promoting innovation

Giant letters, reading the word “blockchain” on display at the blockchain centre, which aims at boosting start-ups in Lithuania's capital Vilnius. Peter Guy argues that e-commerce development in Hong Kong is being stifled by the bureaucrats at the HKMA, who are resisting any opportunity and perceived risk to innovate. Photo: AFP